2024.0.3 Update is now available!
An important Software Assistant update is now available containing bug fixes, including a crucial resolution for a Trust tax return issue (see details below). We strongly recommend downloading and installing this update to ensure that your software is up-to-date and compliant with ATO specifications.
Please see below for detailed information on the changes and resolved issues.
Click the Update button below to initiate the update.
Resolved issues
TRT 2024:
o In some cases, the Australian Business Number(ABN) of the Trust return is incorrectly submitted to the ATO. The ABN of the distributing Trust is correct on the Individual trust beneficiary schedule.
o Validation error ‘CMN.ATO.TRT.432751’incorrectly appears for a nil return
IITR2024
o Validation error ‘ERROR_MULTIPLE_PROPERTY_SETTINGS’ incorrectly triggers where Non-resident foreign income schedule is present
o Validation error ‘CMN.ATO.IITR.000641’ incorrectly displays where Non-resident foreign income amount using the simple self-assessment method is incorrect
o Update of Age pension where taxpayer is eligible for SAPTO
o Medicare Levy Surcharge incorrect where taxpayer has a spouse part year with private health cover
FITR 2024:
o Validation error ‘CMN.ATO.SMSFAR.436574’incorrectly triggers due to Net capital gain mismatch with CG worksheet
Ledger:
o Asset reconciliation report variance due to Private use / Luxury car limit
o Incorrect Investment calculation when there are more than 2 sale transactions
Disable your Anti-Virus software BEFORE you install
If you have McAfee Total Protection installed, please disable real time scanning before applying the update. Refer to the Validation/Lodgement – ERRORS_TAXONOMY_LOAD guide for steps on how to disable real time scanning.
Also refer to the above guide if you experience prefill, validation or lodgement issues after updating.